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Trust Reserve Stablecoin Team Detained in China: PANews


A Trust Reserve stablecoin team was detained by police in China on May 29, according to PANews.  The news outlet reported that the team “had been taken away by the police and detained, and the family members of some employees had been notified.” The office in Shanghai was vacant and had a seal...

Hong Kong's Crypto Hub Ambitions May Not Last Warns Chinese Crypto Pioneer


Hong Kong’s ambition to become a crypto hub may not be sustainable, according to a Chinese crypto veteran whose digital asset business in China was overturned by a regulatory crackdown.  In an interview with Bloomberg, crypto pioneer Bobby Lee, who set up China’s first Bitcoin exchange and founded...

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